Africa’s climate security needs to be prioritised at COP28

Climate change has been exacerbating tensions across Africa. Maurizio Geri, a former NATO analyst on the Middle East and North Africa, writes on the EURACTIV website that the continent’s climate security ought to be prioritised at COP28 so that the rise of militarism can be countered. West must use COP28 to reverse climate neglect … Continue reading Africa’s climate security needs to be prioritised at COP28 →

“Bangladesh has been quite well in adapting to climate change, but there is still a long way to go with not much time to waste”

Dr Saleemul Huq, director of the International Centre for Climate Change and Development and a professor at Independent University in Bangladesh and one of the most vocal and effective experts on adaptation, writes on the Daily Star website of the need to scale up as soon as possible. This is a message not only for … Continue reading “Bangladesh has been quite well in adapting to climate change, but there is still a long way to go with not much time to waste” →

New report from Columbia Center on Sustainable Investment finds that financial institutions’ climate strategies are far off track from what’s needed for climate action

A new report published by the Columbia Center on Sustainable Investment (“Finance for Zero: Redefining Financial-Sector Action to Achieve Global Climate Goals”) finds that financial institutions’ climate strategies are far off track from what’s needed for climate action, and even from their own commitments. The financial sector’s climate commitments “often overstate or misrepresent the extent to which they support … Continue reading New report from Columbia Center on Sustainable Investment finds that financial institutions’ climate strategies are far off track from what’s needed for climate action →

The UN didn’t get all the money it wanted for its climate programmes, leaving it reliant on the whims of wealthy donor nations

Joe Lo writes on the Climate Home News website about the budget concerns for funding the UNFCCC. UN’s climate work at risk, after EU limits budget increase The European Union has ignored the warnings of the UN’s climate change body (UNFCCC) and stopped governments from giving it as much money as it says it … Continue reading The UN didn’t get all the money it wanted for its climate programmes, leaving it reliant on the whims of wealthy donor nations →

The challenges of financing the climate crisis that the upcoming Paris summit is trying to address

Foreign debt cripples countries vulnerable to extreme weather events, hindering climate change resilience. Reforming financial systems could help them combat climate change. Tim Schauenberg, in an article on the Deutsche Welle website, looks into many of the issues that need to be addressed at the upcoming Paris summit. Climate crisis and debt trap: Paris … Continue reading The challenges of financing the climate crisis that the upcoming Paris summit is trying to address →

Fears that key upcoming climate and finance summit in Paris is not being taken seriously

Just two weeks ahead of a key climate and finance summit, only two developed country leaders have promised to turn up. Joe Lo discusses latest developments in an article on the Climate Home News website. Rich world’s leaders fail to commit to Paris global financing summit Two weeks ahead of a highly-anticipated climate finance … Continue reading Fears that key upcoming climate and finance summit in Paris is not being taken seriously →

Silencing climate voices in the insurance industry, but not actions

There have been recent attacks by Republican-led states in the US against investors and insurers who integrate the risks of climate change into their business models. Rachel Kyte, Dean of the Fletcher School at Tufts University writes on The Conversation website that, while voices may have changed, for the most part actions have not. Fewer … Continue reading Silencing climate voices in the insurance industry, but not actions →

Investment funds branded as green or socially responsible are being used to invest in fossil fuel companies

BlackRock and L&G among asset managers using funds with ESG label to invest in coal, oil and gas. Phillip Inman discusses latest developments in an article on The Guardian website. Should we be surprised? Green investment funds pushing money into fossil fuel firms, research finds Investment funds branded as green or socially responsible are … Continue reading Investment funds branded as green or socially responsible are being used to invest in fossil fuel companies →

Dutch government announces major funding for climate measures

A news item on the Dutch News website details the latest funding for climate measures in The Netherlands. The approach is to ensure climate policy ‘works for everyone, no matter where they live, their age or their income.’ Is it enough? Cabinet allocates €28bn to slashing CO2 emissions The cabinet is to spend €28 … Continue reading Dutch government announces major funding for climate measures →

Hopes that green capital markets could quickly close Europe’s green investment gap are overblown

The Jacques Delors Centre recently published a policy brief by Sebastian Mack. He argues that with key reforms of the Capital Markets Union stalled, the European Green Deal will rely mainly on bank lending. EU policymakers should acknowledge this and shift the focus to greening banks. The Jacques Delors Centre, founded by Jacques Delors in … Continue reading Hopes that green capital markets could quickly close Europe’s green investment gap are overblown →